Global Reporting Initiative Case Study
Global Reporting Initiative 2000 (G1) Guideline:
At the end of the 1990s, discussions were taking place about how to solve an important problem while there were a number of internationally widely accepted guidelines for the reporting of financial performance of organizations, this was not at all the case for economic, environmental and social aspects. Different organizations in different contexts proposed different measuring systems and guidelines to do this, normally focusing on particular economic, environmental or social issues.
From this initiative the first version of the Global Reporting Initiative guidelines was launched in 2000. This was only possible because of the engagement and efforts of a large number of individuals and organizations
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In support of the revisions process, GRI undertook a structured feedback process that gathered input on the guidelines from 31 companies. Recognising the intense debate around assurance of reports, GRI established a verification working group as a forum for discussing how verification should be addressed in the GRI framework and, more broadly, in the continuing evolution of reporting on economic, environmental, and social performance worldwide. The different aspect of G-2000 GRI guidelines is discussed in table 4.1, table 4.2 and figure …show more content…
Profile of Reporting Organisation Overview of the reporting organisation and scope of the report to provide a context for understanding and evaluating information in subsequent sections.
Executive Summary and Key Indicators A balanced overview of the report’s contents. An executive summary is a succinct overview of the GRI report. Two principles guide the content specified below: 1) the need for a reporter to communicate most effectively with its stakeholders and 2) the need for users of reports to assess the performance of an organisation both over time and in comparison with other organisations.
Vision and Strategy The reporting organisation’s vision and a discussion of how that vision integrates economic, environmental, and social performance
Policies, Organisation management systems An overview of its governance structure and the management systems that are in and management systems place to implement its vision. A discussion of stakeholder engagement • Management Systems • Stakeholder Relationships • Management Systems • Stakeholder
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